Datawatch Desktop Software

Datawatch Desktop is a business intelligence solution that focuses on real-time data visualization. It consists of two modules Datawatch Desktop Designer, a visual data discovery module and Datawatch Desktop Modeler that allows users to capture, transform, access and process data from various sources and in different formats.

Datawatch Desktop provides access to data through live data streaming. Visualization capabilities and drag-and-drop features allow users to build a customized view of data and allow users to combine streaming and historical data and transform static data into live data.

Transfer unformatted data into Excel

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Likes Best

I like the ability to dump unformatted data into Excel. For me, this was especially useful with SAP reports that couldn't be exported to Excel cleanly. Also, I like having different models that automatically format reports depending on what I need to analyze.

Likes Least

Some of the functionality isn't intuitive, like editing models.

Recommendations

Get training to steepen the learning curve. Unlike more intuitive products, training is beneficial.

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I use Monarch on a daily basis. This software is a huge help for those who works with lots of data information stored in different formats that needs to be cleaned and re-formatted to tables. Saves a lot of time for me. My favorite function - sort and clean all extra noise from the original files that requires formatting.

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Great and powerful!

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Benefits include time savings and automating tasks. Since Monarch can read and comprehend, it makes it the ideal software for automating bills, receipts, databases or even any type of data analysis/action items you may have. Be careful setting it up, but once you get your captures just right, the program can amaze. Speedy and reliable!

Pros

Easy to use, powerful, options galore and there is a great help file! This program is excellent for automating mundane tasks and this software is able to read/understand data with precision. Program allows you to read files, excel, csv, etc and able to identify text, numbers and other characters. Want the program to look for a text specific field? No problem! Monarch lets you identify the type and length of expected lines/fields so you can automate with ease. Great for macro running!

Cons

Program only has a few minor negatives, such as size/resources. Otherwise, the program is pretty reliable. Sometimes you have to get a bit creative with the captures of data or try a few tricks such as looking for specific text/fields, but I find overall the program does the job well. There are a lot of variables with documents/spreadsheets so this program will help but you will need some patience :)

Review Source: Capterra

Janet from The Fauquier Bank

December 2017

December 2017

I have a product that is fun and easy to use. I can get quick answers to important questions!

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I can quickly join different types of data together. I am able to reproduce the data structure I want every day. I can create it and then reproduce the results on the fly. Support for the product is awesome!

Cons

Training is mostly eLearning through WebEx's and YouTube. Would like to have more in class training offered. Training needs to be more than one day.

Monarch Complete turned a 5 year long project into a quarterly process.

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See my review...

Pros

It's so versatile. I use it to normalize data exported from various sources so that I can make apples to apples comparisons for reconciliation and identification. It's a tremendous help to me. My description above is speaking to the fact that my first use of Monarch Complete was to develop a process to create a data table of custodian cost basis data concatenating data from 20 separate proprietary text files into a single table so that I could compare it to the same data from our portfolio accounting system - to reconcile cost basis or our clients' eligible investment accounts. Incorporating Monarch Complete into my process, I reduced a manual process that took over 2 hours to complete down to about 10 minutes - and then I was able to use Excel to reconcile the cost basis and determine all out of balance issues and report them for resolution - thereby concluding my cost basis project. During the development stage in Monarch, I saved workspaces related to this process, which allows me to then duplicate the process, I just have to change the source file name and it's done.

Cons

Mistakes are not always reversible, as I have found out and I have spent countless hours learning this lesson. When you cannot recover from a mistake, you are forced to close the workspace without saving, so all changes you made since your last save are lost and you have to start over. Basically, if you are not very technically oriented, you may find it difficult to begin working with. But that's mostly a learning curve and thankfully Datawatch has a large community of users that can assist and their support staff are very knowledgeable as well.

I use this software to compile multiple documents into one spreadsheet.

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It used to take me hours to compile all my documents in to a format that was usable. Using Monarch has reduced the time spent per month dramatically.

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I love that this software allows me to save formats, so when I come back to a similar project in a couple of weeks, I don't have to re-format my new work.

Cons

The software can be confusing to use, especially at the beginning. Once you understand the way it works, it's okay, but initially learning how the software works can be challenging.

Review Source: Capterra

David from Gulf Coast Financial Associates, Inc.

November 2016

November 2016

Best Data mapping software

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I've used Datawatch for about 5 years now and have yet to find a mapping need that it couldn't perform for what we do. Its very fast and is incredibly robust. You get what you pay for. It isn't cheap but it will do what you need it to do! Saves us a ton of time in daily work.

Review Source: Capterra

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